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Hunting PLC Director Purchases Shares, Signaling Confidence

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Hunting PLC Director Purchases Shares, Signaling Confidence

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The latest announcement is out from Hunting ( (GB:HTG) ).

Hunting PLC, a company involved in the energy services sector, announced a share transaction by one of its non-executive directors. Catherine Krajicek, a non-executive director, purchased 18,000 ordinary shares of Hunting PLC at a price of 350.46 pence per share, representing 0.01% of the company’s share capital. This transaction may indicate confidence in the company’s future prospects.

The most recent analyst rating on (GB:HTG) stock is a Buy with a £600.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.

Spark’s Take on GB:HTG Stock

According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.

Hunting PLC’s stock score of 56 reflects strong revenue growth and a solid balance sheet, counterbalanced by profitability challenges and bearish technical trends. Positive corporate events and a reasonable dividend yield provide some optimism, yet the negative P/E ratio highlights valuation concerns.

To see Spark’s full report on GB:HTG stock, click here.

More about Hunting

Average Trading Volume: 415,058

Technical Sentiment Signal: Strong Buy

Current Market Cap: £538.8M

Find detailed analytics on HTG stock on TipRanks’ Stock Analysis page.

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